Norwood (Mass.) Contributory Retirement System is searching for an active domestic large-cap value equity manager to run about $30 million.
The $205 million pension fund has issued an RFP due to the Massachusetts Public Employee Retirement Administration Commission's requirement to put services up for bid every seven years, said Debra A. Wilkes, executive director.
Current manager Newton Investment Management is invited to rebid, she said.
The RFP is available on the website of investment consultant Meketa Investment Group, which is assisting with the search. Registration is required. Proposals are due on June 30. A timeline for a selection has yet to be determined.
